Symmetry and Economic Invariance: An Introduction

AvRyuzo Sato,Rama V. Ramachandran

Häftad, Engelska, 2012

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Symmetry and Economic Invariance: An Introduction explores how symmetry and invariance of economic models can provide insights into their properties.

Produktinformation

Utgivningsdatum:2012-10-13
Mått:155 x 235 x undefined mm
Vikt:236 g
Format:Häftad
Språk:Engelska
Serie:Research Monographs in Japan-U.S. Business and Economics
Antal sidor:134
Förlag:Springer-Verlag New York Inc.
ISBN:9781461375197

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Innehållsförteckning

1. Introduction.- 1.1 Group Theory and Classification of Mathematical Structure.- 1.2 Lie Groups and Invariance.- 1.3 Economic Applications of Lie Groups.- 2. Technical Progress and Economies of Scale.- 2.1 A Reformulation of the Problem.- 2.2 Lie Groups.- 2.3 Holotheticity.- 2.4 Conclusion.- 3. Holothetic Production Functions.- 3.1 Types of Technical Progress Functions and Holotheticity.- 3.2 Marginal Rate of Transformation and Extended Transformation.- 3.3 Holotheticity and Lie Bracket.- 3.4 Conclusion.- 4. Utility and Demand.- 4.1 Integrability Conditions.- 4.2 Conclusion.- 5. Duality and Self Duality.- 5.1 Duality in consumer theory.- 5.2 Separability and Additivity.- 5.3 Self-Duality in Demand Theory.- 5.4 A Method of Deriving Self-Dual Demand Functions.- 5.5 Empirical Estimation of Self-Dual Demand Functions.- 5.6 Implicit Self-Duality of Production and Cost Functions.- 5.7 Conclusion.- 6. The Theory of Index Numbers.- 6.1 Statistical approach.- 6.2 Test Approach.- 6.3 Economic Index Numbers.- 6.4 Divisia Index.- 7. Dynamics and Conservation Laws.- 7.1 The Variational Problem and the Ramsey Rule.- 7.2 Steady State and the Golden Rules.- 7.3 The Hamiltonian Formulation and Control Theory.- 7.4 Noether Theorem and Its Implications.- 7.5 Conservation Laws in von Neumann Model.- 7.6 Measurement of National Income and Income-Wealth Ratios.- 7.7 Conclusion.- 8. Bibliography.

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